Press release
Electronic Warfare Market is expected to reach USD 38.31 Billion in 2026, with a CAGR of 6.2% | Top Key Players - General Dynamics, Northrop Grumman, Textron, Lockheed Martin, Bae Systems, Boeing, Leonardo
Electronic Warfare Market
Overview of the Global Electronic Warfare Market:
The Global Electronic Warfare Market is accounted for $22.19 Billion in 2017 and is expected to reach $38.31 Billion by 2026 growing at a CAGR of 6.2%. Factors driving the market growth are increasing reliability, efficiency and effectiveness with the introduction of travelling-wave tube- (TWT) technology which is used for electronic warfare application and development of cognitive electronic warfare technology, growing demand for Integrated EW systems, rising importance of piezoelectric and ferromagnetic materials and expanding conductive technologies. Huge capital investments required for developing EW systems and lack of technical skills are some of the major factors hindering the market growth.
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Electronic warfare engages the use of electromagnetic spectrum or direct energy weapons. They are used to control the spectrum or an enemy attack. Electronic warfare ensures uninterrupted access to the electromagnetic spectrum. Electronic warfare also ensures to collect an enemy’s radio signals.
Based on capability, electronic support segment has witnessed huge growth as modern warfare techniques are widely adopted in developing countries such as Asia Pacific and Middle East regions. North America is dominating the Electronic Warfare market and the factors favoring the growth of this region are territorial disputes, political disputes, terrorism and rising insurgencies. Asia Pacific has acquired largest market share owing to India and China investing substantially on strengthening defense sector.
Major Key Players:
1 General Dynamics
2 Northrop Grumman
3 Textron
4 Elbit Systems
5 Teledyne Technologies
6 Lockheed Martin
7 Bae Systems
8 Boeing
9 Leonardo
10 Israel Aerospace Industries and More………….
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Market Segment by Product Types:
1 Operational Support
2 Equipment
Market Segment by Capabilities:
1 Electronic Attack
2 Electronic Protection
3 Electronic Support
Market Segment by Platform:
1 Ground
2 Airborne
3 Space
4 Naval
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What Information does this report contain?
1 A detailed analysis of regulatory trends, drivers, industry pitfalls, challenges and growth opportunities for participants
2 Which companies lead the industry, how are they positioned in the market in terms of sustainability, competency, production capacity and strategic outlook?
3 Which are the leading market products, applications & regions and how will they perform by 2026?
4 What are the technologies & innovation trends, how will they evolve by 2026?
Table of Contents:
1 Executive Summary
2 Preface
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Electronic Warfare Market, By Product Type
6 Global Electronic Warfare Market, By Capability
7 Global Electronic Warfare Market, By Platform
8 Global Electronic Warfare Market, By Geography
9 Key Developments
10 Company Profiling
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We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.
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